Supply is down during the worst inventory shortage in decades Median Sales Price reaches a record $353,000 Median days on market is up marginally compared to the frenzy of 2021 (April 15, 2022) – According to new data from Minneapolis … Continue reading →

Twin Cities saw 3,809 signed purchase agreements, down 10.5 percent from February 2021 but above 2019 levels The number of homes for sale at month-end fell 19.0 percent from last year Median Sales Price rose 8.3 percent to $340,000 (March … Continue reading →

Metro-wide Inventory is down 24.2 percent since the start of 2021 Month’s Supply of Inventory (absorption rate) is at a record low, ~ 3 weeks of supply Median Sales Price rose 10.4 percent to $332,250 (February 15, 2022) – According … Continue reading →

Tight supply and record demand pushed prices higher, market times lower and sapped inventory Minneapolis–Saint Paul, Minnesota (January 24, 2022) – In 2021, housing demand reached a 20-year high while the number of homes for sale hit a 20-year low, … Continue reading →

(December 16, 2021) – According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, the median sales price in the Twin Cities rose 9.4 percent from last November to $339,000. While that’s down from … Continue reading →